1921-11-19 — Page 9

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SA¶URD V, NOVEMBER 19, 1921.

LATEST SHIPPING NEWS.

ARRITALA.

Hydrangea, (Chin On S.S. Co.) from Swatcw.-Wharf.

་

Szechuen, (B. & S.) from Shangtai, Swatow--B. 12.

Eastern, E. & A. S.S. Co.) from Melbourne, Manila,-Wharf:

Saigon.-C. 37.

་

Amakusa Maru, (0. S. K.) from Keelung, Swatow. Wharf.

Tenyo Maru, (T. K. K.). from San Franci co, Manila.-A.1.

Yei Maru. 2, (Suzuki & Co.) from Osak; Karatsu.-C. 47.

Indus Maru, (0. S. K.) from Osaka; Moji.---Wharf,

LORD NORTHCLIFFE.

OPINION ON AUSTRALIA'S VITAL PROBLEM.

+

BANK INDUSTRIELLE.

THE CHINA MATE

SINGAPORE APPLICATION TO

WIND UP REFUSED.

1

**

AT THE THEATRE.

THE LAW DIVINE.

The member of the Warwick Comedy Company won success last night with their presentation of H. V. Ermond's play The Law Divine." Probably it was, the humour which; ripples lightheartedly over, the surface

Says the latest Truck to hand;--- Lord Northcliffe deserves much of the j On Nov. 9 an application was made eriticism with which he is favoured in in the Supreme Court at Singapore on journals which he does not own all, behalf of a number of creditors that I trust, that Beacts from Truth-but the petition for the winding up of the no one can deny him the merit of Bank should be reconsidered. courage in proclaiming his opinions Mr. Laycock, who made the applica Caddopeak, (P. M. S.S. Co.) from regardless of the consegaences. It was tion asid he represented ten creditors, of the piece rather than the murmur

a very bold thing to tell the to the amount of some $450,000, Mr. Australians, after they have been Carver twelve creditors. for $129,000, of tragedy underlying it that the receiving lum so royally, that if they and Mr. Dickinson creditors for audience enjoyed most. There may want to hold Australia permanently $129,000. The total liabilities were or may not during the war have they must people it. But it is truc, stated to the Official Assignee by the been people who stood in the relation and if the truth is not recognised (bank to be $1,280,000 odd, of which to one another of Mr. and Mrs. in Australia and the rest of the $1,159,499 was on current account., Lo Bas-the wife who forgot that Empire, some day or other it The Official Assignee, who was also her husband needed comforts as well will be forced on our attention in present, said he was a creditor to the, as the troops, and the husband who unpleasant manner,

amount of $18,000 which was prac-allowed her apparent indifference to Kaiwo M ru, (Kwong Ngnan Sang)

To attempt to reserve a continent tically secured,

exasperate him to the point of un- from Bangkok Kohaichang.-C39.

as large as Europe for the exclusive Mr. Carver said his clients were of j faithfulness. Those two characters K

(M.S.N. Co.) from occupation of a population smaller various class, and included Chinese may or may not have been true to Shanghai Wharf.

than that of London and the Hoine business houses, to one of whom was type, but there was no room for Tishna, (C.M.S.N. Co.) from Can-Counties; and this within easy feath due $144,000, religious institutions, doubt about Teddy, the cheery young

of vast

overcrowded populations Procureur de la Société des Missions Suottie," and Billy, the under-age Wai Hang. (Wing Hang) from Fort struggling to spread themselves, is Etrangères, the Bishop of Malacca Tommy" who takes the Army Bayard, Macao.--Wharf.:

simply asking for trouble. In the and the vicar of the Cathedral of the seriously and is in a constant. fever of long run it can only be done by force, Good Shepherd

agitation about the shinyneas of his [and the question arises, can it be done

buttons and as to whether somebody that way when all the big battalions

may be sitting on his “Kiwi.” A are on the other side, and, if it can

vivacious flapper who answers to the not very dignified nickname of the situation more dangerous and that while these creditors supported "Shrimp". was another character difficult that a great part of Australia the petition, they viewed with drawn pretty much from the life. can hardly be called a white man's great alarm endeavour to Miss. Marjorie Clark bad that part country. Unless all these points are force it to an immediate con- and the only fault about her per- taken into account, as they ought to clusion and he was instructed to formance was that there wasn't be, it will need more than the coming oppose an immediate order as strenu- enough of it-she disappeared after conference at Washington to pacify ously as he could. It would be an the first act.

ton--Wharf.

CLEARANCES.

I

His Lordship: You have a very substantial body of creditors.

Mr. Carver: "All of various classes,

Taiszéma, (Yan Fat) for Kwonghe, what will it cost? It only makes my Lord," and then went on to say Chow Wan Nov. 19.

Tydeus, (B. & S.) for Manila,

York-Nov. 19

Wenatchee, (Admiral Line) Shanghai, Seattle.-Nov. 19.1

Hwah Hain, (Chan Yue Ting)

Haiphong —Nav, 19,

New

for

for

Kwanglee, (C. M. S.N. Co.) for Canton,Nov. 19.

-Nov. 19.

༣༑‛:ན

any

the Pacific for any length of time.. extremely dangerous thing for that Mr. N. Thorpe Mayne and Mis. If Lord Northcliffe could persuade Court to make a winding-up order Joan Mayne were capital in the lead- the Australians to assist immigration which could not be rescinded while ing roles as Mr. and Mrs. Le Bas while Genoa Maru,(N. Y.K.) for Singapore, from this country on a large scale the there was any possibility of the Com- Mr. Dudley Howarth, as the "middy," Bombay-Nov. 19.

present is certainly a good time for it. pany being reconstructed and paying and M... Topy Fenwick, as the Tean, (B, &S) for Amoy, Swatow. In times of prosperity the notion of its creditors in full. The Banque had Tommy, were responsible for keeping removing social difficulties by export-offices at Paris, London, and all over the audience in a simmer of laughter Szechun (B. &-8.) for Canton.-ing your inhabitants to other countries this part of the world, in the East whenever they were, on the stage. Nov. 19,

is, to my mind, pernicious quackery. and in China and if separate liquida The other parts were. well played Amakusa Maru, (0.5.K.) for Swa- But when it looks, as it does at tion proceed in each one of those and the piecą must be set down as tow, Keelung.-Nov, 20

present, as if the loss of our overseas places, one could only envisage that one of the most enjoyable that the trade will deprive vast numbers of our all these offices' affairs would be re- Company have presented. people of normal means of livelihood for a long time--no one can say how jlong-emigration is the right- and

proper remedy.

Wa Haug, (Wing Hang.) for Kwongow Wan.--Nov, 20

BRITISH FILMS.

MA

duced to complete confusion. The Bank owed its entity to the laws of France and could only be dissolved by those laws. The list of share- holders was in the offices in Paris,

ELIZA COMES TO STAY.”

The delightful farco "Eliza Comes The difficulty here, however, is that the people out of work are to a great and the first step in liquidation was to to Stay" will be staged to-night at extent unsuited for the only life open settle the list of contributors in order the Theatre Royal when the Warwick NEW ZEALAND PLAN TO MAKE to them in Australia, life on the to get at the assets of the Company., Company give their farewell perform

land; that Australia closes her doors There was uncalled capital to the ance, Eliza in the person of the THEM COMPULSORY,

against penniless immigrants; and extent of 75 million frênes. How was charming young actress Miss Marjory that to plant people on the land in that capital going to benefit the Clark, needs no introduction to Hong- the Antipodes without the means of creditors except by liquidation at kong theatregoers. Plans are at The New Zealand Parliament will

finding their legs there means Paris, where the capital could be Moufrie's till midday and at the decide the question of British against gigantic expenditure; added to which called up! News in Paris and London Hongkong Hotel from 3 p.m. till American films when the new tariff is it can only work slowly and produce of a compulsory winding up order in 7.30 and later from 8.45 at the framed. Probably Palisment will in-good effect in the course of long Singapore would have no other effect: Theatre box office.. pose a surtax on foreign films to help years: If Lord Northcliffe or any that he could conceive than to kill the British industry and will compel body else can find means to get over any prospects of reconstruction: He

BO,

MORE HARM THAN GOOD. The Hon. Mr. Saunders, Official

1

THE WORLD THEATRE.

-

the showing of a percentage of British all or any of these difficulties it will submitted that the best course to be useful. But nothing practical will adopt was that which had been films in every picture theatre.

American agencies are alarmed at be done until Australia realises that adopted in England, namely, to see the trend of events.

men are worth much more to her whether an order was going to be. than sheep or cattle or can be raade, made in the place where the Com-without being deeply moved, the sen No person old or young, can see pany could be most convenientlysational drama which was produced at It will also be necessary that more ilquidated,

the World Theatre last nignt. In this The Universal Film Trading Co., care shall be taken to prevent dis-

Becial which concerned two brothers was has presented to the Hongkong satisfaction on the part of those who Theatre one of its beautiful pictures go there. It is well known that in Assignee, asked by His Lordship if he of gold into a hardened one namely, revealed the transformation of a heart God's Law," in six parts, which the past year or two a goof, many had anything to say, observed that he The Heart of a Lion." Barney has been on the screen since last disappointed emigrants have returned Saturday. It was produced by home. The Times of Ceylon lately supported Mr. Carver, as he could not Kemper (William Farnum) was a Louis Weber, the well-known drew attention to the fact that they see how a winding up order could good soul. He loved his brother director who brought out Mildred are to be found on every vessel which possibly do. any good at the present dearly and sacrificed his own future Harris Chaplin in "Borrowed calls at Colombo on the voyage from juncture, In fact it would do a great to give Dick a good career. Not

deal of harm. Clothes," Forbidden" and many Australia to Ragland, The Orient

realising the worthlessness of this others. This special picture was re-liner "Omar's has just brought back a

Mr. Dickinson, who represented the young man who got deeper and leased under the auspices of the considerate number, and when inter-

Banque and some creditors, also deeper into debt each day. Barney Humanitarian Society of America viewed at Colombo most of them admitted that there had been a he was bled for his last cont. Grieved opposed the petition. Mr. Dickinson helped to lay his debts until and it said to have achieved a greas stated, that they went out in the x-hitch in the negotiations, but but not embittered, disappointed but

Peetation that they would be settled

Had the Bank still not without faith, Barney went nothing more, on land previously cleared and feady for cultivation, so that they The Admiralty have met the would be able to pay their way almost wishes of the Association of Mer of immediately. They discovered that Kent and Kentish Men with regard this was hot so, and sooner than risk to souvenirs from the amoured the loss of the little capital they had case like this, owing to the distance, to seek his own life, Barney dis Cruiser ent" which in the they decided to come home.

A

to produce anything, definite at a appeared. Sincerely repentant of his moment's notice. Falklands fight, when he sank the seems to be clear that in their case would advance the creditors.no whit, Margaret Danford (Mary Martin), An order now selfishness. Dick sought the aid of light cruiser "Narnberg," the at least the position was not properly they had everything to gain by the who secretly loved Barney, and dilken colours presented to the explained to them before they left delay being granted and nothing to implored her to find his brother. ship in 1904 by the ladies of England.

The Kent" was

lose, The Official Assignee was pro- Through Margaret, Dick reformed. and the county reported pot fit to be brought to On the eve of his 80th birthday, tecting the creditors by his possession turned to the Ministry. In a westerni mining camp the two brothers ac England at the conclusion of the war, M. Clemencesu was visited by Mr, of the assets. and was paid off at Hongkong for Wythe Williams, who sent an account Mr. Laycock remarked that the cidentally met. See for yourself the sale. The association recently re of his talk with the veteran statesman raditors were better judges of what terrific fight between William Farnum ceived a letter from the Lords of the to The Times and Philadelphia their best interesta were than the and Walter Law and the brothere Admiralty stating they were prepared Publin Ledger. One fact he notes Bank. He contended that if reconciliatio

auccess.

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A copy of this Prospectus In English and Chinese has been filled with the Registrar of Companies

The Subscription list will open on 15th day of November, 1921 and will close on or before 15th day of December, 1921.

THE HONGKONG HIDE AND LEATHER

COMPANY, LIMITED.

(INCORPORATED UNDER THE COMPANIES ORDINANCE 1911-1921)

SHARE CAPITAL $1,000,000.00

Divided into 100,000 ordinary shares of $10 each.

Of the above sbarea 18,710 are to be issued and credited as paid up, and as hereinafter mentioned, 56,290 of the remaining shares are now offered for publio subscription, payable as follows:--

$5 per Share on Application. $5 per Share on Allotment.

It is not proposed to inne the balance of 25,000 shares until it shall appear necessary or advisable to do so (in the interests of the Company) and for the purpose of the further development of the Company's undertaking.

DIRECTORS.

Hon. Mr. LAU CHU PAK, Gontleman, Caine Rund, Hongkong.

W, A. DOWLEY, Exel ange and Bullion Broker, Room 6, Post Office Buildings, Hongkong. M. CHAN HARR, Managing Director, Sincere Company, Limited, Hongkong.

HO JACK LUM, Partner, Kwong Sang Lee, Hongkong.

W. M. HUMPHREYS, Partner, W. G. Humphreys & Co., 5, Duddell Street, Hongkong.

BANKERS.

Hongkong & Shanghai Banking Corporation, Chartered Bank of India, Australia and China, Bank of China.

SOLICITORS.-Wilkinson and Grist.. SECRETARY.-Sydney Humphreys.

AUDITORS-Percy, Smith, Seth and Fleming. REGISTERED OFFICE, -5, Duddell Street.

ABRIDGED PROSPECTUS.

Object.This Company has been formed to purchase as going concern the business known as the Humphreys Hide and Leather Works carried on by the firm of W. G. Humphreys and Company of No. 6, Duddell Street, Hongkong.

Business-The business comprises the manufacture of all kinds of Leather and the dealing in of hidea and skins, and of all descriptions of goods and merchandise iccidental to the business of such infuro, and is carried otr.upon extensive, well-built, commodious, and modern premises situated at Ma Tai Kok, Kowloon, on Kowloon Premises at. Inland Lots Nos. 1267 and 640, which contain an area of 110,942 square foot, held under Ma Tau Kok * à Crown Loase for 75 years with an option of a further 75-years from the 18th day of December, 1911, subject to a Crown rent of $500.00 per annum. These premises are within the Offensive Trade Aroa as defined by the Sanitary Authority and a licence has been granted by the Government to carry on the business of a Tannery in all respects thereon.

Bite. The Site is ideal for the purposes of the business, its area is ample for any future extensions that m be necessary, it is situated on the main road between Hok Ua and Kowloon City, and is in close proximity," to sea front.

Buildings. The extensive buildings erected on the Property are constructed of the basť solid brick and concrete with tiled roofs, and concreto pits and floor, this type of construction ensures low rate of Insurance against Fire.

..

Machinery and motive power. The Tannery is equipped with the most up-to-date Hide and Leather' working machinery. The motive power is supplied by a 100 B. I. P. Crude Oil Bolinder Engine with Generator direct connected, the various processes in the Tannery being operated by separate Electric drives from individual Motors.

Water supply. There is an independent supply of water from a specially constructed Well on the premises which is ample and suitable for the business,

Labour-A plentiful and healthy supply of cheap country labour both male and female is always obtainable. The expansion of the business will therefore provide employment to a large number of Chinese labourers whose increased efficiency and developmont is in itself sufficient to commend this undertaking to all those who have the intercata of Chinese and British trade at heart. From the foregoing facts 'it is asserted that from its equipment and position the Tannery has few equals.

Purposes of Formation. The Reasons of the Vendors in turning the business into a limited liability Company, are--() To procure the necessary additional Capital required, in order to meet, the increasing demand for their Leather. (b) To further develop the business along sound progressive lines.

TERMS OF PURCHASE.

The premises are sold to the Company subject to a charge to the Mortgages to secure $300,000 at an interest of $7 per cent per annum. The Mortgagees stipulate that $100,000 shall be repaid by the Company at an early date and consent to the balance remaining on loan. If as is anticipstod the shares now offered to the public are fully subscribed it is proposed to pay of the whole debt forthwith.

+

Valuation of Property-Herounder are set forth at conservative figures the value of the property purchased by the Company and upon which the Vendors have based the purchase price.

Land (K. I. L. 1207 and 640-110942 5q. feet) and Buildings thereon as valued by J. Case Clark,

Architect and. Surveyor....... Machinery and Plant as valued by Robt. Hunter, of Macdonald & Co., Engineers Stock of Hides, Leather, Chemicals and Materials etc., as per valuation by S. Humphreys and

certified by Edmund McGrath, Teiner, less amounts flue' as shown by the books.

$300,505.00

120,779.11

66,821.05

$ 487,105:16

No charge for Goodwill, etc -In as much as the undertaking is a comparatively new one, the Vendors present to the Company the goodwill of the business and the trade marks and chops relating to their goods which are already well known and growing in popularity rapidly.

The Vendora also claim no recompense for approximately 2 years of careful experimental work as a result of which, climatic and other difficulties have been overcome, the types of Leather most suited to the Chinese market. gauged, and exact manufacturing cost ascertained.

APPROPRIATION OF CAPITAL.

The capital of $662,900 to be provided by the present issue of 56,290 shares now offered for public subscription,

(a) To provide for the extention of the drying accommodation of Tannery.

is intended as regards 8262,900: had the time that was origin. alone to investigate his brother's ally granted to them they might have doings. Here he met with a rude been able to produce some more in- awakening, for he saw in his brother's formation, but it was impossible in a arma, his own fianceé. Leaving Dick

to present to it four letters "K.E.N.T." was that M. Clemenceau has curious negotiations had been going on for six

of cast gun metal, Jin, by 12in., of flags for the great polo erected on the months without anything coming of

THE ORDER.

(b) For the purpose of providing further working capital in order to finance the rapidly increasing business. The bstance will be devoted to paying off the existing load of $300,000 upon the security of the Property.. Dividends. It is provided by the Articles of Association that a preferential dividend of 10% per annum be paid to shareholders before any appropriation of profits is made by the Directors to the Reserve Fund."

Contract. The following contract has been entered into

Contract dated the 10th day of November 1921 between W. G. Humphreys & Co. of 5, Duddell Street, Hong- kong, Merchants, the owners of the properties of the one part and Charles David Wilkinson on behalf of the Company of the other part for the sale of the business and the leasehold property registered in the Land Office as Kowloon Inland Lote 640 and 1267 together with all messuages. tonements, fixtures, erections and buildings erected. thereon.

The purchase price for the sale of the properties has been fixed by the vendors who are the promoters of the Company at 8487,100, nothing being charged for the goodwill. Of this sum $300,000 will be payable to the Mortgagees for the purpose of paying off a loan of that amount advanced to the Vendors on the security, of the properties, and the balance of $187,100 will ho paid and satisfied by the allotment of 18,710 ordinary shares credited as fully paid up.

Confidence of the Vendors. That the Vendors themselves have ovory soufidence in the undertaking is shown by the fact that they are receiving no cash consideration for the sale of the Tannery, but are accepting shares in the new Company.

Applications will be received by:-Hongkong & Shanghai Hanking Corporation, Chartered Bank of

India, Australia and Chins and Bank of China.

And Prospectus and forms of application can be obtained at the above Banks, or from:-Members of the Hongkong Stock Exchange, Members of the Hongkong Share Brokers' Association, The Registered Oloo of the Company, or at the offices of the Company's Salicitors, Mosera. Wilkinson & Grist, 9, Queen's Road Central, Victoria, Hongkong.

TALE OF THE WEST.

SHEPHERD GIRL'S FINE TRIUMPH.

for it not only furnishes a gripping Barry as the villain, and Eugene story but also gives the ator rioh Besserer as the villainess fill roles that opportunity to show at her best. Even are exceptionally, well handled. finer than her Madge in Old The Fighting Shepherdess" is Kentucky a performance that melodrama rich in its colour, unforced Coronet patrons still remember within its humour, and universal in

block letter type; six boat badges dunes-three giant carp, presented them, it was not likely that negotia- which might be acceptable to the bulk in lead in form of a shield, with a to bim by the Mikado. The tarp to the tions on a new basis would succeed. of the creditors, He would adjourn horee (rampant), and the Kentish Japanese represents strength, as The negotiat one had ceased to be the petition until December, and he arms in relief, of the average weight it leaps so high. The hollow cotton nebulous and had assumed an almost hoped by that time the authorities in of 51lb, each; a footplate cast of shell, with open mouth, catches the gaseons obaracter. The fact that this France would forward some astia- gun-metal, with Kent in 4in, block wind, so that the fish is filled out. hitch had occurred was sufficient to factory proposal. If there was nothing letters cast in central position; and the Below float streamers representing make them think they did not now more than there was that day it ship's bell, 14 n. in diameter, with the waves. M. Clemenceau said that the stand inuch chance of getting paid in seemed to him that, however injurious it right afterwards prove to be, he clapper engraved H.M.S. Kent" natives are still wondering at this full without a winding-up order...

should be, constrained to accede to The total weight of the bell and curious device for bis dagpole, but, the iron suspension shackles was statingsmuch as they had never heard of His Lordship said the jurisdiction the petitioning oreditors right and ed to be about 75lb. The association the Japanese iden and because of his of winding-up a company carrying on make the order. He thought a further was asked to bear the cost of freight silence since leaving the arent of business in separate countries was one adjournment could do no harm from Hongkong and the cost of politics, they think he hoists this sign to be exercised with all possible delicacy to the creditors, having regard to the packing and transport to destination that ho is "dumb like a fisland ht and test, though the fast that that fact that the assets were secured and

Chatham Yard. This ex- let it go at that.

court was empowered to pronounce under the control of the Official A happy admixture of humour and pleasure is Miss Anita Stewart's its appeal. pense had beenel, and the CONSIGNEE NOTIONS,

fuch order was undoubted. If a wind to the breath of a winding pathse, mellowed by a charming love Kato Prentice in The Fighting articles mentioned are now in the

ing up order was granted in this case up order whole assets of the Com-romanes and enlivened by more then Shepherdess As the spirited young areociation's possession. The oK4DDIA- Casso from the sha Yan, Clbon not is would be necessary to have the in-pany woul form one general mas, one atitring incident, "The Fighting shepherd girl who courageously Shepherdess, First National's latest fights her way to love and honour tion is very keen on seeing the name of altered by by 26 will te sulje to torposition of other Court, The time, whilomus she distributed. "Kent" once more on the Navy Liat, rent. Daureged cargo will be oruined originally granted the Bank; until the Carver believed that the order orech classic which comes to the among rough Western towns poople

on Nov. 26640 star Agðute Auðarað and representations have been made Catun Japan Lija,

first motion day in December had did not proibit them from further Coronet Theatre this evening is a scorning her on account of doubtful, to the Admiralty for the claims of the Catuo from the Tenyo Maru not not yet run out, i and it might applications, G

picture intensely human in its appeal, parentage, Miss Stewart gives county to be considered when the glented Nder 10 will be subject to be that by that date som avid His Lordship: You can always The producers could not have made a splendid display of has almost perfect nomenclature of now vessels Instaing Htaged ongo will be examined one would reach the country from bring in freek evidence.

happier choice for a photoplay than art natural, finished and cotvinding decided upon

France as to the existence of scheme This terminated the proceedings Onfoline Lockhart's moving novel, Wallace HacDonald as the hers, Noah

from

be

ACCIDENTS WILL HAPPEN.

may be lapossible to prevent an dont, but it is not imposible to prepared for its Uttam berlat's Pitth lot yond, enyoties purse, and with a, beilla of this liniment you are prepared for most anything. For take by all Chemiets and turetsepres